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Conference material: "Proceedings of the 4th International Conference “Futurity designing. Digital reality problems” (February 4-5, 2021, Moscow)"
Authors: Paliashchuk V.U.
Decentralized finance as a challenge for the traditional financial system
Abstract:
Today, financial system and all its services are completely centralized. Banks, exchanges, insurance companies and other financial institutions have someone in charge that controls these services. This centralized financial system, or CeFi, has its own risks. What if we decentralized the financial system in the same way that Bitcoin decentralized money?
Keywords:
blockchain, cryptocurrencies, smart-contracts, bitcoin, decentralized finance
Publication language: russian,  pages: 7 (p. 164-170)
Russian source text:
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About authors:
  • Paliashchuk Volha Uladzimirayna,  ,  The Branch of the BNTU «Institute of Improvement of Professional Skills and Staff Retraining on New Directions of Engineering, Technology and Economy»
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